Response Magic 
The Truth - 44
The Truth, The Whole Truth and Nothing But The Truth
There once were two
friends - A and B.
An opportunity to start off a franchise business was presented to B by his best friend A; he told his friend that it was a nice idea and a good opportunity but that he did not have the money to come into it then (an excuse).
A offered to bear the initial cost of entry and which B would refund when he makes a profit but he turned it down on the excuse that he does not believe in taking a loan to start a business (another excuse).
After several attempts to bring B into the business, A decided to let well alone.
They still remained very good friends and each time they met up, B would always inquire from A how the business was doing and A would always reply - so, so - not willing to continue further discussion on the business with B since he was not interested.
3 years down the line and B came home one day to find an invitation card waiting for him on his dining table and it was from A his good friend who was being honoured by the Company he had taken up their franchise.
Not only was he being given a car but he also was launching his very own outlet at a busy side of the town where the rent was on top of the iroko tree
Immediately B picked up his phone and put a call through to A asking him if it was the same business he invited him to join 3 years back that was honouring him - Yes, A answered and is it the Company that was renting the shop for him - No, A answered. He explained that he got to the level in the Company where with a cash support and his own funds accumulated through his savings, he could rent the place.
I hope to see you at the ceremony, A called out but B told him that he won't be able to make it because he had prior engagements but that he would come over to the house for a drink (a dodging remark).
But the truth was that B was regretful that he did not join his friend when he was invited and did not want to feel ashamed should he be spotted by those who knew the efforts his friend had made.
Most times we never know which business would escalate and which would die but taking the first step is always essential in that process and that is why the Good Book advises us to "sow in the morning and not neglect to sow in the evening too because we do not know which seed would sprout and bear much fruits" (paraphrased)
Another opportunity is coming your way, take a good look at it and then jump in and be on the driver's seat.
Now that is *The Truth, the WHOLE Truth and nothing but the Truth*
--------------------------Jerry
-the First
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1. I will title this post MISSED OPPORTUNITY DUE TO LACK OF INTEREST & LAME EXCUSES.
ReplyDelete2.What Mr. A didn't really do too well with respect to making his friend Mr. B join the business was that he didn't persuade him enough!
3. Five reasons swirling around Mr. B's head( seen and subtle ) that made him remain adamant to his friend's invitation are:
* Regrets
*Shame
*Jealousy
*Laziness
*Pride
REGRETS: Mr. B was regretting not joining his friend's business when he invited him initially thus he didn't feel good honouring his invitation.
SHAME: It was also possible that he was ashamed of himself that was why he didn't honour his invitation.
JEALOUSY: It was also possible that Mr. B had become jealous of his friend's progress this he turned down his invitation.
LAZINESS: In my area, we would say that 'the thing holding thean has not left him' this it could be possible that Mr.B was naturally lazy thus his carefree attitude would still not permit to come around and may be be mo
tivated to join the business after honouring the invitation.
PRIDE: It was also possible that pride would still make him to be adamant so as to be little his friend's success.
4. No. It was not okay and good for me. B to have turned down his friend's invitation even if he really had a prior engagement.For old time and friendship sake, he should have honoured his friend by going to celebrate his success and progress with his business..
5. Opportunity cost is the loss of other alternatives when one alternative is chosen.It is also the cost of taking one decision over another. From the above passage, Opportunity cost to Mr. B is the progress he could not make with his friend or loss of the new car due to his lame excuses.
Morgan Oscar
ReplyDelete1. Handle opportunities wisely
2. Mr. A told Mr. B several times but since he noticed that these were excuses B was giving, Mr A, for me wasn't persuasive and convincing enough to lure Mr. B into joining in the business.
3. Mr. B was afraid he might not succeed in the business so he was scared, and since his friend had now succeeded he felt there was no need accepting the invitation to celebrate with his friend
*Mr B wanted it to be a business that has grown so he could pitch in and not start one from the ground level. He was afraid to work and put in effort, and felt since he missed that opportunity to come in at first, there was no need to accept the invitation now
*Mr B like he gave the excuse had some other things already planned and didn't want to just drop it so he declined the invitation.
*In life many times, when we make wrong decisions, We are left to face the regrets of not wisely deciding, so Mr B had regrets about making a wrong decision, he didn't accept the invitation.
*Mr B was ashamed that people would mock him since he failed to take the opportunity, when it was presented to him so he declined the invitation.
4. Not wrong at all, since he had something he wanted to do.
5. Opportunity cost can mean losing one opportunity for the sake of another
Indolent and flimsy excuses: the poverty mentality.
ReplyDeletePersuasion; Mr A should have persuaded the friend enough via follow up and consistent reminder of the gains on the business. He wasn't compelling enough.
Shy- he was ashamed of the whole story. That once the story is made again in the event, he will be on the spotlight.
Dejection- a feeling of self dejection heralded him. He was lost about the success story since he was aware that same opportunity was available for both of them.
Ego- in order to somehow conquer the illusion of what has happened to him, he wanted to assume a kind of status that is self gratifying.
Regrets- had I known they say always comes at last. Reminiscing on the whole development will always subdue his mind. Methinks he needs a suitable phycologist to reposition his mindset.
Jealousy- as is human, there is this inner man that tends to quarrel within our inner self about people's success. It takes a strong will to always celebrate at other people's success.,
Not really a good one to turn down the invitation. It should been an opportunity of refreshment and starting anew.
Opportunity cost is simply an order of preference. In a long list of all that one sets out to do, within the available resources, one choses from the list the most important at that time and do it. Most times, it entails, forgoing in it's entirety other needs to do the most pressing cum important one.
1.A rejected offer/ Neglected opportunity.
ReplyDelete2.Mr A did not throw more light to his friend Mr B,as regards the benefits of joining the business. He should have still persuaded him even when he was giving excuses, then followed him up until he surrenders and join.
3.Reasons:Jealousy, Regret,Envy,Hatred and shame.
Jealousy: I believe,this is one of the reasons why he refuted.His jealousy was driven by low self esteem or poor self image.He cannot stand to see his friend making it to the top the same business he would have started with him.
Regret:He must have felt sad,repentant or disappointed over something he had failed to do.he immediately regretted his actions. Hence he doesn't want to share in his friend's joy,which is very bad.
Envy:A feeling of discontented or resentful longing aroused by his friend's possessions, qualities or luck.He felt a twinge of envy for him,which is not good in the first place.
Hatred: He hated it that his friend has succeeded, wishing he was the one.
Shame: A painful feeling of humiliation or distress caused by consciousness enveloped him so much that he declined the invitation. He was hot with shame.
4.In my opinion, I don't think is good that he refused to attend or turned down the invitation. He should have honored the invitation that would have given him another chance to start or join the business.
5.Opportunity cost: It represents the potential benefits in individual, investors or businesses missed out on when choosing one alternative over another. Understanding the potential missed opportunities foregone by choosing one investment over another allows for better decision making.
KELLY
ReplyDelete1. Missed Opportunity
2. Mr. A didn't present convincing persuasive facts on the viability of the business to Mr. B. He only offered him (Mr. B) a loan which he was to pay back later. Since Mr. B was not sure of the viability of the business, he turned it down.
3. (a) Inferiority Complex:
He must have had feeling of Inferiority complex, hearing the area his friend Mr. A rented his shop for the business and other accomplishments.
(b) Regrets:
Mr. B must have been regretting the missed opportunity, thinking that he would've been on the same pedestals with his
friend Mr. A by then.
(c) Resentment:
Mr. B may have had the feeling of resentment towards Mr. A his friend and as such decided not to honour the invitation.
(d) Jealousy:
Mr. B must have had the feeling of jealousy towards his friend's (Mr. A's) accomplishment in just 3yrs.
(e) Shame:
Mr. B must have felt ashamed honouring the invite because he thought others who knew how his friend Mr. A persuaded him to join in the business and he refused will mock him at the function.
5. I think it was okay for Mr. B to have turned down his friend's invite. Most people have not developed Emotional Intelligence to be able to handle some shocks or surprises (even in public). Mr. B may be one of them. At least he made up immediately by informing that he will stop by at his friend's house later for a drink. This was commendable.
5. Opportunity Cost is: An ALTERNATIVE FORGONE
Mr. B rejected the offer of his friend to join a lucrative business and by so doing forgo the success he would have derived from the business.